GO
Loading...

Volkswagen to Meet 2008 Profit Target a Year Early

Volkswagen, the world's fourth largest carmaker, will meet its 2008 pretax profit target of 5.1 billion euros ($7 billion) a year earlier than planned, the company said on Friday.

After reporting a 45% increase in pre-exceptional operating profit to 2.82 billion euros for the first half, Volkswagen said it would "significantly" exceed the previous year's figure before special items, which was 4.38 billion euros.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Don't Miss

U.S. Video